EIA data through August 2026 · updated 2026-10-29

Electricity rates in 38048 — Macon, TN

Homes in ZIP 38048 pay about 11.0¢ per kWh (Chickasaw Electric Coop, Inc., 2024 average). The Tennessee average is 13.4¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price11.0¢per kWh
UtilityChickasaw Electric Coop, Inc.
TN average13.4¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$1531,392 kWh/month, 2024

What a month of electricity costs

500 kWh / month$55
900 kWh / month$99
1,200 kWh / month$132
1,400 kWh / month · avg. use$154

Monthly cost at the average price of 11.0¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 38048 is

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Utilities serving 38048

UtilityHome priceAvg. billCustomers in TN
Chickasaw Electric Coop, Inc.
Cooperative
11.0¢
2024
$15319,576
Southwest Tennessee E M C
Cooperative · serves Fayette
14.2¢
Jan–Aug 2026
$16743,750
Bolivar Energy Authority
Municipal · serves Fayette
13.5¢
2024
$1568,929

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Fayette; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Tennessee price trend

9¢12¢15¢18¢20222023202420252026Tennessee averageU.S. average 9¢12¢15¢18¢20222023202420252026Tennessee averageU.S. average
Tennessee averageU.S. average
Aug 202613.4¢per kWh
vs. 1 year ago+2.5%13.1¢
vs. 5 years ago+20.5%11.1¢
Record high15.1¢Mar 2026
Avg. home bill$2061,532 kWh, Aug
EIA forecast, East South Central14.7¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East South Central region, which includes Alabama, Kentucky, Mississippi, Tennessee.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 38048

How much does electricity cost in 38048?

About 11.0¢ per kWh for homes (Chickasaw Electric Coop, Inc., 2024 average, EIA). At 900 kWh a month that is roughly $99.

Who is the electric utility for 38048?

Chickasaw Electric Coop, Inc., with about 19,576 residential customers in Tennessee; 2 other utilities also serve parts of the area.

Is electricity in TN getting more expensive?

The Tennessee residential average was 13.4¢ per kWh in August 2026, up 2.5% from a year earlier; the U.S. average was 18.2¢.